July 30, 2019 / 8:30 PM / 3 months ago

Chipmaker AMD's third-quarter revenue forecast falls short, shares slip

July 30 (Reuters) - U.S. chipmaker Advanced Micro Devices Inc forecast third-quarter revenue below Wall Street estimates on Tuesday, sending its shares down 6% in after-market trading.

The company forecast third-quarter revenue of about $1.8 billion, plus or minus $50 million. Analysts on average had expected revenue of $1.95 billion, according to IBES data from Refinitiv. (Reporting by Arjun Panchadar in Bengaluru; Editing by Sriraj Kalluvila)

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